Stocks in Play: Global Cannabis Applications Corp - InvestingChannel

Stocks in Play: Global Cannabis Applications Corp

Thursday, March 10, 2022

12:51 PM EST – Global Cannabis Applications Corp : Announced it has signed a software license agreement worth US$1,500,000 with EMTRI Corp. The definitive agreement is a binding commitment for EMTRI to distribute GCAC’s Efixii software to Californian cultivators to track lifecycle data for a minimum of 10 million grams of cannabis in year 1. With a license fee of US$0.15 per tracked gram, this represents US$1.5m in GCAC revenues for March 2022. EMTRI provides branding and retail marketing services to cannabis cultivators, and its network of distributors, in the epicentre of cannabis farming in California’s Mendocino, Humboldt, and Trinity counties aka the Emerald Triangle. Global Cannabis Applications Corp (C.APP) shares were unchanged at 0.06.

Stocks in Play: Global Cannabis Applications Corp , Thu, 10 Mar 2022 12:57:07 EST